Cassie Craddock, the UK CEO of Ripple Labs, recently highlighted the company’s progress in the region. In a post on X (formerly Twitter), she explained that this success is a direct result of Ripple’s efforts to comply with local crypto regulations.
Ripple secures EMI license
Craddock posted pictures from a celebration at London’s Tower Bridge, marking the company’s approval for an EMI Licence and registration as a cryptoasset firm by the U.K.’s Financial Conduct Authority (FCA).
She also pointed out that this development is supported by their EU EMI License. According to Craddock, this means the connection between traditional finance (TradFi) and decentralized finance (DeFi) is now firmly established, a connection that was demonstrated at the recent event at Tower Bridge.
According to a Ripple executive, the period of testing new ideas has ended, and we’ve now entered a phase focused on reliable, officially approved services for institutions.
What a fantastic night celebrating Ripple’s recent regulatory wins in the UK and Europe! I can hardly believe it, but we actually raised Tower Bridge to let a Ripple-branded boat pass underneath – it was the perfect setting to mark our EMI license and cryptoasset approvals. 🚢
— Cassie Craddock (@CraddockCJ) March 6, 2026
In the last year, Ripple Labs has been actively working to expand its presence in the United States, the United Kingdom, and the European Union. Through new product launches and partnerships, such as the one with Aviva Investors, the company has continued to make inroads into the traditional finance world.
The U.K. doesn’t have specific crypto laws like the EU’s MiCAR, but Ripple Labs sees it as a key location for growing its business.
Ripple and product development
To reach its larger objectives, Ripple has been developing its systems to benefit from the growing trend of tokenization.
With ongoing improvements to the XRP Ledger and the consistent creation of RLUSD stablecoins, the project remains competitive within the industry.
U.Today previously reported that Ripple Labs introduced new payment services designed for traditional banks. A key feature of these services is the integration of XRP, a digital currency closely linked to Ripple.
Currently, the company and its leaders are working to get the CLARITY Act approved in the United States, which could strengthen its position as a leading payment provider.
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2026-03-06 19:01